NOT LISTED FOR SALE

242 E 25th St, Unit 2A New York, NY 10010

Kips Bay Neighborhood

Estimated Value: $600,000 - $760,067

2 Beds
2 Baths
984 Sq Ft
$691/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $780,000 $793 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $8,069/month

63 Days on Market

Highlights

  • Rooftop Deck
  • Views
  • High-Rise Condominium
  • P.S. 116 Mary Lindley Murray Rated A-
  • South Facing Home
  • 3-minute walk to Bellevue South Park

About This Home

As of June 2024

Seller is offering a $24,000 incentive to purchaser at closing!!!

Meticulously designed for elegant living and entertaining, this sunny two-bedroom, two-bathroom home boasts gorgeous garden views and chic interiors in an amenity-rich Kips Bay condop.

The spacious and bright showplace invites you inside with oversized south-facing windows, high ceilings and stunning wide-plank, white European, hardwood floors. The gracious foyer opens to an expansive living room overlooking lush gardens at the quiet rear of the building. Chefs will adore the spectacular open kitchen where custom wood and lacquer cabinetry boasts marble countertops and backsplashes and modern lighting. Upscale stainless-steel appliances include a Fisher & Paykel refrigerator and a gas range, dishwasher, and microwave all by Viking.

Enjoy casual dining at the wide breakfast bar or reach for your favorite vintage in the architectural built-in "wine wall". Flanked by a convenient closet, the adjacent dining room easily accommodates work from home needs by day and lavish dinner parties by night. Enjoy serene garden views in the primary bedroom featuring a custom step-in closet and an en suite bathroom, featuring a glassed-in tub/shower, a wide illuminated medicine cabinet and roomy vanity by Duravit, surrounded by large-format tile and contemporary Hansgrohe fixtures. The desirable split layout places the secondary bedroom on the opposite side of the living room, within easy reach of the full guest bathroom, again, outfitted with Duravit and Hansgrohe finishes. Additional closet space, central HVAC and an in-unit Bosch washer and dryer complete this outstanding Kips Bay residence.

Built in 2005, 242 East 25th Street is a contemporary, pet-friendly condop building where residents enjoy part-time doorman service, live-in superintendent, video intercom, a fitness center, storage, a bike room, laundry on every floor and a glorious rooftop terrace with panoramic views.

This fantastic Kips Bay home enjoys immediate proximity to NoMad, the Flatiron District, Chelsea, Midtown and Gramercy. The Kips Bay AMC theater, Trader Joe's, Target, and Fairway are nearby, and the wonderful outdoor space of Madison Square, Union Square and Stuyvesant Square parks is just minutes away. Transportation is excellent with 6, N/R/W and L trains, excellent bus service and CitiBikes all within easy reach.

Last Agent to Sell the Property

Kelly Scher

Corcoran Group License #30ZI0937376 Listed on: 03/04/2024

Corcoran Group

Co-Listed By

Mikhail Shusterman

Corcoran Group License #10401332427

Property Details

Home Type

  • Condo-Op

Year Built

  • Built in 2004

Lot Details

  • South Facing Home
  • Land Lease

HOA Fees

  • $3,601 Monthly HOA Fees

Home Design

  • 984 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Hookup

Utilities

  • No Cooling

Additional Features

  • Property Views

Listing and Financial Details

  • Legal Lot and Block 0035 / 00905

Community Details

Overview

  • 54 Units
  • High-Rise Condominium
  • Kips Subdivision
  • 13-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condo-Op

Year Built

Built in 2004

Lot Details

0

HOA Fees

$3,601 per month

Listing Details

  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: KIPS
  • Entry Level: 2
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Pets No Pets Comments: Pets Allowed,Building Pets Allowed Comments:Pets Allowed
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 13

Interior Features

  • Fireplace: No
  • Living Area: 984.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: Other
  • View: Yes
  • Exterior Features: Building Roof Deck, None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other, Washer Hookup, In Unit
  • Green Building Features: Green Building
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 3601.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condop
  • ResoAssociationFeeFrequency: Monthly

Rental Info

  • Land Lease: Yes

Building Info

  • New Construction: No
  • Units: 54
  • Total Stories: 13
  • Year Built: 2004

Tax Info

  • Tax Block: 00905
  • Tax Lot: 0035

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Sold $780,000 -8.1% $793 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
03/05/2024 03/05/24 For Sale $849,000 -- $863 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kelly Scher

    Seller's Agent in 2024

    Kelly Scher

    Corcoran Group

    (646) 522-6981

    1 in this area

    12 Total Sales

    Kelly Scher
    Section Image
  • Mikhail Shusterman

    Seller Co-Listing Agent in 2024

    Mikhail Shusterman

    Corcoran Group

    (347) 602-8697

    1 in this area

    33 Total Sales

    Mikhail Shusterman
    Section Image
See All Agents

About This Building

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10973351

Real Estate Board of New York (REBNY)

APN: 00905-00352A

New York New York County New York 10010 Kips Bay

242 E 25th St Unit 2A, New York, NY

This home is located at 242 E 25th St Unit 2A, New York, NY 10010 since 04 March 2024 and is currently estimated at $680,034, approximately $691 per square foot. This property was built in 2004. 242 E 25th St Unit 2A is a home located in New York County with nearby schools including P.S. 116 Mary Lindley Murray, Simon Baruch Middle School 104, and Clinton School.

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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